Andhra Pradesh Chief Minister YS Jagan Mohan Reddy’s government announced that Visakhapatnam would be the new capital of the state…
Since Andhra Pradesh Chief Minister YS Jagan Mohan Reddy’s government announced that Visakhapatnam would be the new capital of the state, indicating plans to develop Amaravati – on the banks of the Krishna river – as the capital city had been scrapped, the port and industrial city brimming with cosmopolitan culture has been in the news. Nine years after the state of Telangana was split off from Andhra and awarded Hyderabad as its capital, Visakhapatnam has been named as the new capital of that state.
Details Regarding This Development:
CM Jagan urged investors to “visit Visakhapatnam and observe how easy it is to do business in the state of Andhra Pradesh” at the International Diplomatic Alliance meeting in Delhi.
The Andhra Pradesh High Court had rejected the idea to create three capitals in the state in March of last year and ordered the YSRC government to construct Amaravati as the state capital as intended. Additionally, the Court had ruled on March 3, 2022, that the state Legislature lacked the authority to enact any law about moving, dividing, or trifurcating the capital.
The High Court order has been contested by the state administration in a petition to the Supreme Court.
A Rich History of Visakhapatnam:
According to the website for Vizag Port, the city, which is the location of the Eastern Naval Command’s headquarters, had trading connections with Rome and the Middle East in antiquity before the East India Company established a settlement there in 1682.
On December 19, 1933, Lord Willingdon, the Indian Viceroy and Governor General at the time, officially opened the Visakhapatnam Port.
The city gained notoriety because former Prime Minister PV Narasimha Rao dedicated a steel plant in 1992, after it had begun operations, and previous Prime Minister Indira Gandhi lay the plant’s foundation stone.
The significance of this development is that,
in accordance with a projection by Andhra University, Vizag’s population will increase from 23.5 lakh in 2021 to 30 lakh by 2035. For the capital city, Visakhapatnam boasts vital infrastructure like an international airport, accessible roads, and ports.
Different segments of the population in Visakhapatnam have responded differently to the news that the “City of Destiny” would become the new state capital.
Jagan’s announcement was praised by former Confederation of Real Estate Developers Association of India (CREDAI) Visakhapatnam chamber chairman G.V. Satyanarayana. Once Visakhapatnam is established as the capital, the real estate sector will prosper.